DAL 9.09% 2.0¢ dalaroo metals ltd

Ann: New REE & Li Prospective Pegmatite Districts Identified, page-25

  1. 2,067 Posts.
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    DAL seems to be among the lowest MCap junior explorers (active) in the hot Gascoyne region/province at the moment.

    https://hotcopper.com.au/data/attachments/5385/5385847-4f29d7dd8aff5357723819d14c6ba827.jpg

    https://hotcopper.com.au/data/attachments/5385/5385851-e23791bd9001cad2bd80d5261c657e4e.jpg
    (above pic was taken from John435@GlenGoulds twitter post. excellent research/work! hope he doesn't mind i post here)

    https://hotcopper.com.au/data/attachments/5385/5385857-5344b25bbdaf5d00bcbcd1df3460b67b.jpg

    (So they are active in the region atm from this ANN)

    DAL has low SOI circa 71m+ (including the restricted 24m, and 3.9m in performance shares) and has some $1.9m in the bank after recent $1.1m @5c raise in late May (deducting spend in June quarter; last qtrly spent around 560k with reasonable admin vs exploration ratio in cost). So risk/reward here not bad.

 
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2.0¢
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Mkt cap ! $1.655M
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2.1¢ 2.1¢ 2.0¢ $6.599K 325K

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